KPIs & Operating Metrics(New)
Growth Metrics

Nasdaq (NDAQ) EBT (2009 - 2026)

Nasdaq recorded quarterly EBT of $677.0 million in Q1 2026, up 16.72% quarter-over-quarter from $580.0 million in Q4 2025, and up 38.73% year-over-year from $488.0 million in Q1 2025.

Nasdaq's EBT history runs 18 years deep, the most recent figure standing at $677.0 million for Q1 2026.

  • In Q1 2026, EBT rose 38.73% year-over-year to $677.0 million; the TTM figure through Mar 2026 stood at $2.3 billion (up 43.72% YoY), while the FY2025 annual figure was $2.1 billion, up 48.03% from the prior year.
  • EBT came in at $677.0 million for Q1 2026 at Nasdaq, up from $580.0 million in the prior quarter.
  • In the past five years, EBT ranged from a high of $677.0 million in Q1 2026 to a low of $278.0 million in Q4 2023.
  • A 5-year average of $420.4 million and a median of $391.0 million in 2023 frame the typical range for EBT.
  • Across the five-year window, EBT declined 21.21% in 2024 and surged 60.7% in 2025, its largest moves.
  • Nasdaq's EBT stood at $322.0 million in 2022, then dropped by 13.66% to $278.0 million in 2023, then surged by 57.91% to $439.0 million in 2024, then surged by 32.12% to $580.0 million in 2025, then advanced by 16.72% to $677.0 million in 2026.
  • According to Business Quant data, EBT over the past three periods registered $677.0 million, $580.0 million, and $529.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 S&P Global 126.06 Bn 129.16 Bn 2.94 Bn 1.91 Bn
2 Cme 98.29 Bn 98.29 Bn 1.83 Bn 1.51 Bn
3 Intercontinental Exchange 83.83 Bn 82.37 Bn - 1.90 Bn
4 Moodys 80.13 Bn 78.77 Bn 1.55 Bn 870.00 Mn
5 Nasdaq 52.44 Bn 51.76 Bn 1.41 Bn 677.00 Mn
6 Coinbase Global 50.05 Bn 49.52 Bn 1.33 Bn -464.71 Mn
7 Msci 46.28 Bn 45.89 Bn 765.10 Mn 389.20 Mn
8 Cboe Global Markets 34.92 Bn 32.75 Bn 728.90 Mn 515.50 Mn
9 TransUnion 13.79 Bn 13.22 Bn 726.20 Mn 428.10 Mn
10 Factset Research Systems 9.06 Bn 8.78 Bn 314.28 Mn 161.11 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 677.00 Mn
Dec 31, 2025 580.00 Mn
Sep 30, 2025 529.00 Mn
Jun 30, 2025 548.00 Mn
Mar 31, 2025 488.00 Mn
Dec 31, 2024 439.00 Mn
Sep 30, 2024 356.00 Mn
Jun 30, 2024 341.00 Mn
Mar 31, 2024 312.00 Mn
Dec 31, 2023 278.00 Mn
Sep 30, 2023 391.00 Mn
Jun 30, 2023 337.00 Mn
Mar 31, 2023 396.00 Mn
Dec 31, 2022 322.00 Mn
Sep 30, 2022 382.00 Mn
Jun 30, 2022 397.00 Mn
Mar 31, 2022 374.00 Mn
Dec 31, 2021 314.00 Mn
Sep 30, 2021 371.00 Mn
Jun 30, 2021 454.00 Mn
Mar 31, 2021 395.00 Mn
Dec 31, 2020 267.00 Mn
Sep 30, 2020 357.00 Mn
Jun 30, 2020 316.00 Mn
Mar 31, 2020 273.00 Mn
Dec 31, 2019 252.00 Mn
Sep 30, 2019 215.00 Mn
Jun 30, 2019 239.00 Mn
Mar 31, 2019 313.00 Mn
Dec 31, 2018 328.00 Mn
Sep 30, 2018 209.00 Mn
Jun 30, 2018 288.00 Mn
Mar 31, 2018 239.00 Mn
Dec 31, 2017 211.00 Mn
Sep 30, 2017 234.00 Mn
Jun 30, 2017 211.00 Mn
Mar 31, 2017 215.00 Mn
Dec 31, 2016 -408.00 Mn
Sep 30, 2016 199.00 Mn
Jun 30, 2016 146.00 Mn
Mar 31, 2016 195.00 Mn
Dec 31, 2015 219.00 Mn
Sep 30, 2015 206.00 Mn
Jun 30, 2015 192.00 Mn
Mar 31, 2015 14.00 Mn
Dec 31, 2014 97.00 Mn
Sep 30, 2014 179.00 Mn
Jun 30, 2014 162.00 Mn
Mar 31, 2014 156.00 Mn
Dec 31, 2013 235.00 Mn
Sep 30, 2013 171.00 Mn
Jun 30, 2013 135.00 Mn
Mar 31, 2013 59.00 Mn
Dec 31, 2012 -202.00 Mn
Sep 30, 2012 134.00 Mn
Jun 30, 2012 125.00 Mn
Mar 31, 2012 137.00 Mn
Dec 31, 2011 120.00 Mn
Sep 30, 2011 170.00 Mn
Jun 30, 2011 131.00 Mn
Mar 31, 2011 152.00 Mn
Dec 31, 2010 -177.00 Mn
Sep 30, 2010 143.00 Mn
Jun 30, 2010 146.00 Mn
Mar 31, 2010 89.00 Mn
Dec 31, 2009 -15.00 Mn
Sep 30, 2009 84.00 Mn
Jun 30, 2009 114.00 Mn